GMS Inc. Forecasted to Earn Q1 2025 Earnings of $2.18 Per Share (NYSE:GMS)

GMS Inc. (NYSE:GMS) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of GMS in a report released on Wednesday, June 26th. DA Davidson analyst K. Yinger anticipates that the company will post earnings of $2.18 per share for the quarter. DA Davidson currently has a “Buy” rating and a $97.00 target price on the stock. The consensus estimate for GMS’s current full-year earnings is $8.72 per share. DA Davidson also issued estimates for GMS’s FY2025 earnings at $9.04 EPS.

GMS (NYSE:GMS) last released its quarterly earnings data on Thursday, June 20th. The company reported $1.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.04 by ($0.11). GMS had a net margin of 5.02% and a return on equity of 24.05%. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company earned $2.11 EPS. The business’s revenue was up 8.4% on a year-over-year basis.

A number of other brokerages have also recently weighed in on GMS. Truist Financial dropped their price objective on shares of GMS from $105.00 to $95.00 and set a “hold” rating for the company in a research note on Friday, June 21st. Loop Capital lowered their target price on shares of GMS from $100.00 to $85.00 and set a “hold” rating for the company in a research note on Friday, June 21st. StockNews.com cut shares of GMS from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Barclays lowered their target price on shares of GMS from $93.00 to $81.00 and set an “equal weight” rating for the company in a research note on Friday, June 21st. Finally, Robert W. Baird lowered their target price on shares of GMS from $112.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, June 21st. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $90.75.

GMS Trading Up 1.1 %

NYSE GMS opened at $80.61 on Friday. The stock has a market capitalization of $3.20 billion, a P/E ratio of 11.98 and a beta of 1.72. GMS has a 52-week low of $56.58 and a 52-week high of $101.04. The firm has a 50-day moving average price of $91.17 and a 200 day moving average price of $89.08. The company has a quick ratio of 1.40, a current ratio of 2.17 and a debt-to-equity ratio of 0.84.

Institutional Trading of GMS

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Blue Trust Inc. increased its stake in GMS by 131.1% in the 4th quarter. Blue Trust Inc. now owns 372 shares of the company’s stock valued at $31,000 after buying an additional 211 shares during the period. GAMMA Investing LLC bought a new stake in GMS in the 4th quarter valued at $32,000. Hexagon Capital Partners LLC boosted its holdings in GMS by 233.3% in the 4th quarter. Hexagon Capital Partners LLC now owns 430 shares of the company’s stock valued at $35,000 after purchasing an additional 301 shares during the period. EntryPoint Capital LLC bought a new position in shares of GMS during the 1st quarter worth about $77,000. Finally, LRI Investments LLC bought a new position in shares of GMS during the 1st quarter worth about $127,000. 95.28% of the stock is owned by institutional investors and hedge funds.

About GMS

GMS Inc distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada. The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings.